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. paul ryan rolls out a new plan to balance the budget but he is making big spending changes to get there. how much is for real and how much is for show? we'll get reaction from a congressman on the house budget committee. >>> security scandal in the u.s.. sec charges illinois with fraud. they have huge pensions problems while trying to borrow money. more states and cities could be doing the same thing. we have a top expert to peel back the curtain. >>> optimism climbs for the 30 strayed month. more hiring and investment is planned. is it the silver lining we've all been waiting for? get the store from two business owners. you're not going to want to miss what they have to say. even when they say it is not, it is always about money. melissa: first let's look at today's market moment. it was a photo finish for the dow after spending much of the day in the red. it squeaked out a gain in the last minutes of trading. it set a record for the 6th straight session. the nasdaq and the s&p 500 weren't as lucky however. they snapped a seven-day streak of gains, falling slightly from multiyear highs
and paul ryan also spoke at the conference but just as striking who wasn't there. new jersey governor chris christie who applauded president obama for his response to hurricane sandy right before the election, was not invited. and yesterday members did not react well to ohio senator rob portman announcing his son is guy and now supports gay marriage. >>> coming up next at 5:00, a first for san francisco, the new cruise ship calling the city home. we'll hear from the passengers taking part in the inaugural trip. >> we'll introduce you to the man who was chosen to design a chal is for the pope. >> reporter: live in san carlos, a former 49er is saying good-bye to fans and also raising money for a charity very close to his heart. that story coming up. >> so far a sunny start to st. patrick's day weekend. we're still seeing temperatures outside right now in the 70s around the north bay, a little breezy out there but you can see the clear skies right now. look to west, more clouds filling in and changes ahead. we've got rain back in the 7-day forecast. will it arrive for the end of the weekend? w
. congressman paul ryan taking in that budget cuts, as well. republicans put forth their own spending blueprint. response.e republican >> president obama and senate democrats say they want a balanced approach to our fiscal issues but their budget is ever balance, ever. taxesd they want to raise to fuel more spending. we know where this path leads, straight into a debt crisis. what does look like? first lenders will demand a higher interest rate. higher interest rates across the country will skyrocket on credit cards, mortgages, car loans. if interest rates rise debt payments will overwhelm all other items in the budget. the debt will overwhelm our economy. our finances will collapse. the safety net will unravel. the most honorable will suffer. you think this cannot happen here? just look at europe. we do not accept that future, not for our children and country. today we invite president obama to do with president clinton did, to work with republicans in congress to balance the budget. he can join in the efforts or he can choose the status quo. but he must choose. the american people deserve an
: the house budget committee chairman paul ryan says he thinks president's trip to capitol hill to meet with republicans is a good start but he thinks the bipartisan spirit needs to last through summer at least if any problems are going solved. >> gregg: a lot has been said about the approaching $17 trillion in debt. how much of that debt factoring into the negotiations if f at all? >> reporter: a little bit. we got one text from dick durbin what the president meant when he said there is no immediate debt prices. >> we need to put americans back to work. that is our first priority. deficit reduction is second priority and one is coupled with economic growth. so i think we can do both. make sure we have deficit reduction but don't cut too much too fast. >> reporter: the speaker boehner says known the national debt will reach crisis level but because of that uncertainty action should be taken now before it is too late. >> gregg: the president said it was $9 trillion as the crisis and now he says it is not even though it's approaching $17 trillion. >> heather: new reaction to a guilty verd
. >> and paul ryan spoke about what happened not of 2012, but what happened in the budget plan and took a shot at republicans, too. >> this has been a big week. we have white smoke from the t vatican and a budget from the senate. i want to bring in "washington post" editor and new york times editor. we have seen donald trump and, mitch mcconnell, kelly ayotte, and paul ryan and wayne lapierre, and we have everybody in there, right? is that a time for the conservatives to look forward to a launch pad going toward 2016 or a time to bash the president, and first is kelly ayotte spoke and mentioned benghazi. >> well, it is interesting, because it needs to be a time for the republicans to look ahead, and the lineup that you just showed, reflects some of the problem. there is a certain schizophrenia in the party, and there are so many stakeholders here and so many ideologies competing and you see it in the discussions around immigration and the discussions around gay marriage and foreign policy and the opinions are sort of all over the map, and really, this time i think that it needs to be used fo
details on paul ry ryan's budget plan and how it could affect retiree's taxes, and all of that is ahead on "power lunch." fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from ch >>> all right. a story that wealthy retirees need to pay attention to. new details the on paul ryan's budget plan and how it could affect taxes. wealth editor robert frank joining us and he lz been dig into this, robert. >> yes, i have. and paul ryan would tax about everybody, including high earner s and retirees and according to the nonpartisan tax center, it would give the average american tax cut of $3,300 which is a 5% increase in after-tax income, and those making between $40,000 and $50,000 would get a tax cut of $670, and about 1.6% tax increase after tax income, and the big winners are the big earners of those making $1 million and more would see a tax cut of $408,000 which is a 19% more in
't even pay taxes. republicans are already blasting the plan. they support congressman paul ryan's budget proposal which seeks to balance a budget without any new taxes, only spending cuts. it also calls for repealing president obama's healthcare overhaul, something that democrats say, well, frankly, it can't happen. mike emanuel with the news live on capitol hill tonight. it was the democrat's turn. what did they say. >> the white house put out a statement concrete plan boost the economy and reduce deficits. today the chairman of the senate budget committee made her pitch. >> our budget reflects the pro-growth, pro-middle class agenda that the american people went to the polls of in support of in the last election. and i believe it is is a strong and responsible vision for building a foundation for growth and restoring the promise of american opportunity. >> though senator murray and white house like it not clear how senate democrats up for re-election 2014 will feel about voting on another 1 trillion-dollar tax increase. shep? >> shepard: we heard today from com ryan. he is contrasting
the light on a lot of other issues. 866-55-press, 866-557-7377, and by the way paul ryan is the worst of all, and john boehner goes along with that as do most republicans. welcome rob portman to the fold. tell me what you think, 866-55-press. >> announcer: this is the "full court press," the "bill press show," live on your radio and on current tv. ♪ [ male announcer ] ah... retirement. sit back, relax, pull out the paper and what? another article that says investors could lose tens of thousands of dollars in hidden fees on their 401(k)s?! that viewers like about the young turks is that we're honest. they can question whether i'm right, but i think that the audience gets that this guy, to the best of his ability, is trying to look out for us. this show is about analyzing criticizing, and holding policy to the fire. are you encouraged by what you heard the president say the other night? is this personal or is it political? a lot of my work happens by doing the things that i am given to doing anyway. staying in tough with everything that is going on politicall
a rerun of "the golden girls." we got rand paul. we got marco rubio. we got paul ryan. and the other guys, they got hillary and joe biden. >> yikes. that's senate minority leader mitch mcconnell yesterday poking fun at the democrats, leading contender for 2016. the come, as you might imagine, ruffled feathers, even in his own statement kentucky's democratic party chairman wants mcconn toll apologize. an into the political playground we go. talk about turning an awkward tv moment into a moneymaker, senator marco rubio's political action committee is selling water bottles with his name on them at cpac this weekend. as you can see, they are charging $25 a bottle. if you remember, rubio made that memorable lung for his water bottle in his middle of the state of union rebuttal last month. >>> and it sounds like a reality show but actually the white house kicking off a new audio series called "beinged ed "beie a listen. >> a couple guys in their hunting shirts i'm serving a meal to, along with folks you see in the background. >> the white house says the idea is for people to know the story beh
, was next and former vice-presidential candidate paul ryan followed at 6%. as you saw, the two at the top of the poll were tea party favorites. the other highlight had a rocky road just to get to washington. starting with a rough-and-tumble primary battle in texas. i sat down with ted cruz and asked if he was surprised he is taking heat from the left and from within his own party. >> my focus is on addressing the challenges in our country. i think most americans are not really worried about political squabbles in washington. they are frustrated and they are frustrated because it seeps an awful lot of democrats and a fair number of republicans are not standing up and doing the right thing. my focus is to come to work and do my job. and in particular, stand for the constitution. our constitutional liberties are really being undermined right now and champion growth. our economy is stagnant and a lot of people are hurting. and that's where my focus remains, every day. >> shannon: you mentioned that republicans and democrats, you question whether or not they have read the constitution recently
, chris christieieed and paul ryan. telling fellow conservatives to stay john beat. pope francis meeting with the media today. thousands of photographers, journalists gathering at the vatican for the first chance to talk with the the newly elected pope. pope francis opening up about his election, few you fuhr for the catholic church and why he decided to take the name francis. i'm harris faulkner. now, back to "huckabee." >> mike: after releasing the budget for the fiscal year 2014 house republicans are challenging the president to present his own balance the budget. here is how the president responded in an interview earlier this week. >> we will not balance the budget in ten years because if you look at what paul ryan does to balance the budget it means you have to voucherrize medicare. you have to slash deeply into programs like medicaid. my goal is not to chase a balanced budget just for the sake of balance. >> mike: one of the republican congressmen who met with the president last week was oklahoma's james langford who joint us now. congressman, thanks for joining us. great to talk
basis not eliminating medicare as emhe afraid the paul ryan budget would do but making sure it survives for generations to come. putting revenues on the table that are fair and won't penalize the working people across america and making sure it is a balanced approach. i think what bob corker just said from his side is a basic principles that both parties can rally around. >> chris: and real specifically because i want to pin you down on this, are you saying you would accept structuralle chains, not doing away with medicare but structural changes and cuts to entitlements? >> let me tell you in 10-12 years medicare goes broke. that unanswered questions unanswered questions acceptable. the paul ryan voucher aapproach is destructive of medicare. there are ways to approach it to reduce the cost of medical care and still keep our promise to seniors across america. >> chris: part of the problem in the debate is that the parties seem to be disagreeing about the importance of dealing with our national debt. i want to play what president obama said this week and also what he said back as a candid
at another high-profile republican. this morning paul ryan gave the republican weekly address and pushed his budget proposal explaining why he is so focused on balancing the budget. >> the budget is a means to an end. we are not balancing the budget as an accounting exercise. we're not trying to simply make numbers add up. we're trying to improve people's lives. >> so, andy, if paul ryan connecting a balanced budget to improving people's lives, do you think the gop senses it needs to do a better job of explaining why balancing the budget should matter to people? >> paul ryan obviously understand that point. he realizes as we just heard that connecting the budget, this is an issue that maybe the republican party can use to reach out to hispanic voters, to reach out to women voters, to reach out to those blocs that the party has had so much trouble with. the problem is the product paul ryan is offering is absolutely no different from the product that has been so unpopular in the past. so maybe they can put new wrapping on the report or a new message behind it. the nuts and bolts of it are real
lone. >> president obama in washington and green energy and on the other side is congressman paul ryan and our exploding debt. we have our reporter from washington, dc. >> rive paul ryan took to the stage on friday bringing a very serious focused tone dug the 15 minute speech saying and i quote, "a debt crisis would be more than an economic event but it would be a moral failure." he debuted the budget plan wants to cut $4.6 trillion the next decade and he wants to cut obamacare. he said the debt will weigh down the country. >> unemployment is 7.7 percent. 46 million people are living in poverty today in america. the president says we are in a recovery. i say we are in critical care. >> things will be worse. by the end of 2023, the economy will be at a crawl. we will have $8 trillion added to the debt. >> in a trip to a national laboratory outside of chicago, the president made a number of very light-hearted comments about the impact of the sequester. the speech went on to focus on the energy proposal. >> those who have chairs, lease feel free to sit down, everyone was standing and i th
have marco rub yochlt we have paul ryan and slew of smart young and energetic governors ready to take m eric that the future. the other guys, they have hilary and joe biden. >>reporter: even as the conservative met a senator who is a finalist to be romney running mate shocked the political world by announcing his support for same sex marriage. ohio senator portman told cnn had he a change of heart on the issue after finding out his college age son is gay. >> we should allow people to get married and to have the joy and stability of marriage that i have had for over 26 years. i want all 3 of my kid to have it including our son who is gay. >>reporter: while portman changed his stand on marriage, conservative made it mostly clear on issues from budget to guns they are going to stand their ground. >> you keep your advice. we'll keep our guns. they call the budget a foundation for growth. but when you read it, you find that the vatican is not the only place blowing smoke this week. >>reporter: steven, abc news washington. >> coming up next. opportunity to see things clearly once agai
. >> republicans focus their message on balancing the budget. house budget committee chairman paul ryan of wisconsin said the gop has a plan to balance the federal budget in ten years through spending cuts alone. >>> a former san francisco supervisor wants larry ellison to make up a multimillion-dollar shortfall projected for the america's cup races this summer. the billionaire founder of or cam is sponsoring the cup finals here in september. fundraising efforts have lagged and participation from international teams has not met projections. former supervisor aaron said the city should not beliable for the $10 million to $20 million deficit. >> a promise that this was going to be a race that would raise $1.4 billion in the economy is provide thousands of jobs. that has turned out not to be the case. san francisco taxpayers are getting left holding the bill. >>> he is lobbying ellison through an online pegs drive at causes.com. new this morning san francisco residents could see monthly garbage bills go up by more than 21% starting this summer. the company that collects the garbage is aski
committee chairman paul ryan released a budget last week to balance the budget in ten years but a main tenant of the plan calls for repealing the president's affordable care act. >>> here in the bay area the fourth bore project of the caldecott tunnell is going to open to traffic later this year. construction has just started on road way that connects oakland and orinda. our transportation reporter got a look inside. >> there will be plenty of high-tech features in the new fourth bore, but elbow grease and shovels were still the preferred method for work on a groundwater drainage system. at the same time work has just gun on one major milestone, putting in the roadway. this rocky material is the sub-sub base, lose and rocky for drainage. eventually layers of materials capped with pavement will fill two to three feet from where the surface is now, reaching to the shoulder curb on one side and to just below the pedestrian walkway on the other. when finished, this fourth bore will carry westbound traffic only. >> with the construction of the fourth bore, there will be two tunnels permanen
criticism of his colleague congressman paul ryan, the budget proposal and balance in a decade hinges on the repeal of obamacare. >> we believe that the law will collapse under its own weight and people will be eager as the details unfold. point two, the same point could be made for the senate budget, dead on arrival in the house, a trillion dollar tax increase with even more spending. >> reporter: ryan is of course the top republican on the house budget committee. the top democrat, democrat chris van holland made the case against the ryan budget proposal paying particular attention to the theoretical repeal of obamacare. >> their budget is built on a hoax. on one hand they say they will be in ten years, and on the other hand repeal obamacare, if you repealed it today the budget would not be balance. >> and part of the so-called charm offensive, congressman ryan says if anything big is going to get done that charm offensive needs to be sin veer and last until summer. harris. >> harris: a long time to charm. peter doocy, thanks very much. good to see you. as we told you earlier, senat
in ten years because if you look at what paul ryan does to balance the budget it means you have to voucherrize medicare. you have to slash deeply into programs like medicaid. my goal is not to chase a balanced budget just for the sake of balance. >> mike: one of the republican congressmen who met with the president last week was oklahoma's james langford who joint us now. congressman, thanks for joining us. great to talk to you again. >> great to see you again, governor. >> mike: when you met with the president you were one of the congressmen and specifically pressed him about a balanced budget. he didn't seem that interested, did he? >> he did not. i asked if we could find some common ground and sade one of the key areas would be on a balanced budget. we may disagree on the method but at least agree on the principal of our budget should balance. it was the crown jewel of the clinton administration they could work with a republican house to finally come to a balanced put it an budget. he reiterated he doesn't feel like a balanced budget is a goal and i can't imagine simply sayin
was being vetted as a possible running mate for mitt romney. he said it had no impact in choosing paul ryan over-partman. second, why is it important to have firsthand experience to do the right thing? is it an existential experience necessary to have existential consent? >> i think senator portman made some pretty big inroads last week, but i think it's about being decent, that nobody deserved to have their decency diminished or people don't deserve to be disrespected. he stopped short of endorsing his position. here's house speaker john boehner. >> i believe that marriage is the union of one man and one woman. it's what i grew up with, it's what i believe. it's what my church teaches me. and i can't imagine that position would ever change. >> you know the church taught segregation before integration. churches do change. >> hillary clinton showed her support in this video. >> like so many others, my personal views have been shaped over time by people i have known and loved, by my experience representing our nation on the world's stage. my devotion to human rights, and the guiding principle
congressman paul ryan defended his budget as a document of vision. >> our budget encapsulates what we think is the right way to go. fundamental tax reform for economic growth. patient center care rhee placing obama care. a responsible balanced budget. >> meanwhile, abc this week, house speaker john boehner says although they disagree, he trusts president obama. >> the president and i, as i've made very clear, have a very good relationship. we're open with each other. we're honest with each other. but we're trying to bridge some big differences. >> so do up trust president obama? >> absolutely. >> absolutely? >> absolutely. >> absolutely. firearms, flip-flops and flights to the middle east will all be part of what next week in washington will look like. lots to talk about. i want to get right to it. msnbc contributor goldie tailor of the goldie taylor project and david of the "the washington p." good to see all of you. good story with the republicans rank, when ohio senator rob portman, want co-sponsor of doma, defense of marriage act, snu ports same-sex marriage citing his gay son. house sp
conservatives they need to eliminate the education department, always good with this crowd. paul ryan wants to balance the budget in ten years. rand paul says let's balance the budget in five years. what we heard there was him saying that the party needed to be very different and he made an explicit appeal to the facebook generation. also something very different from the last couple of republican nominees. mitt romney and john mccain. on the topic of personal liberty, also a shocking story that is electrifying the political world this morning, senator rob portman of ohio announced in his home state papers this morning that he is giving up his opposition to gay marriages. this is right ahead of the supreme court oral arguments on march 26th and 27th. in the columbus dispatch today senator portman says his son came to him in 2011 and said he was gay. wasn't something he chose but he wanted his parents to know that. senator portman said he had always been against gay marriage because of his faith and tradition but this caused him to rethink it and he is proud of will and the way he handled it
paul ryan's budget released tuesday balances the budget in ten years. highlights include repeal of the health care law, an overhaul of ped care making it a private insurance plan funded by vouchers and unspecified reforms of the tax code with a goal of creating two brackets -- 10 and 25%. >> to inflate the claims of deficit reduction. >> reporter: hours after the president meets with house republicans he will speak at a dinner for organizing for action, the retooled version of his campaign in a move that's rankling some republicans saying it runs counter to his outreach. despite the rhetoric, lawmakers haven't ruled out the possibility of a grand bargain for deficit reduction. that seems like tough sled eing given how sharply divided both sides remain. matt? >> kristen welker at the white house. thank you very much. >>> we have an important health alert this morning tied to the commonly prescribed antibiotic known as the z-pack. 50 million people take it every year. now the fda warns it may lead to a fatal irregular heart rhythm in some patients. dr. goldberg is a cardiologist f
in ten years, if you look at what paul ryan does to balance the budget, it means that you have to voucherize medicare, you have to slash deeply into programs like medicaid. my goal is not to chase a balanced budget just for the shake of balance. >> a lot of the republican congressmen met with the president last week was oklahoma's james langford who joins us now. congressman, thank you for joining us. >> thank you. >> mike: when you met with the president this week you were one of the congressmen and you pressed him about a balanced budget, he didn't seem at that interested, did he? >> he did not. i asked him if we could find common ground, one of the key areas would be a balanced budget. we may disaagree on the method, but at least on the principle, our budget should balance. it was the crown jewel of the clinton administration that they could work with a republican house to finally come to a balanced budget and i don't understand how we couldn't do that now. he again reiterated did not feel that a balanced budget goal, and i couldn't imagine saying to the nation we're going i
, borrowing more and spending more is not a path to prosperity. >> that was congressman paul ryan on the hill. pleased that democrats are bringing bunts budgets to the table. maryland congressman chris van holland is the ranking member on the house budget committee. he joins me now, congressman van holland. good afternoon to you. >> good afternoon to you, luke. >> i want to get your take on house republicans are panning the democratic budgets that will be voted on tomorrow. your budget, the black caucus budget, the progressive budget, various ones have no chance of becoming law. is there any worry that the idea that republicans are putting forward that our budget balances, our budget balances, a very good sound bite that can work in mid-term elections. whereas you guys' isn't balanced until about 2040. is there any worry that the message could take hold and cause problems for you in the 2014 mid-terms? >> no, luke, for this reason -- the republican budget, the ryan budget balances on the backs of middle income taxpayers. it balances by violating our commitment to our seniors, through the vouc
presidential election, mitt romney and paul ryan both told us that there were trillions of dollars of tax breaks for very wealthy people, they proposed to eliminate them as part of tax reform where they reduced the rate. we say, let's take some of that revenue to help reduce the deficit, combined with other targeted cuts. >> be more specific for me. when you talk about tax loopholes and the very wealthy. which specific loopholes and what is very wealthy? >> sure, sure, these are, when you're in the highest tax bracket, you're in the 39% tax bracket when you get a deduction, whatever it may be for, you get 39 cents worth of deduction. whereas somebody who is in the 28% tax bracket only gets 28 cents deduction for that particular deduction. so what we're saying and this is similar to a proposal the president's put forward, is that for folks who are in that very high bracket, the 39% bracket, the value of your deductions will be limited to about 28% which is what the value of deductions is for a middle income taxpayer. >> so ultimately, the budget that you have there and i just read the litt
problem. >> so you agree with the president on that. >> yes. >> republican budget author congressman paul ryan was less generous however in his take. >> to borrow a phrase from my friender skin bowls, we are the healthiest horse in the glue factory. we know it's not happening now, but lit happen. >>> this week president obama will embark for the middle east making his first trip to israel since taking office four plus years ago. with me is peter alexander. the president is on the ground for how long over the next few days? >> reporter: he doesn't leave here until late tuesday and will be on the ground in israel for barely four hours. he's not bringing with him any senior advisors and a new peace plan in terms of a two-state solution between the palestinians and the israelis. this makes this trip more about optics than it is approximately ticks. president obama only the fifth u.s. president to go to the state of israel. among the first things he will do after he gets off a air force one, they will roll out one of those iron dome missile defense systems, heavily furnded by the u.s. in helpi
. just one day after the house budget committee approved paul ryan's blueprint plan which would balance the budget in a decade. patty murray released a plan which would cut annual deficits, but leave the country with a $566 billion shortfall after ten years. this while that back and forth continues on another issue, the white house tours. who exactly is to blame? the president said during an interview, it wasn't up to him. and inconsistent response from that of its press secretary, jay carney. >> you know, i have to say, this was not a decision that went up to the white house, but what the secret service explained to us was that they're going to have to furlough some folks. >> we had to cancel the tours. it's our job to cancel the tours. they can not cancel them. so because this is not a tour of the secret service building. it's a tour of the white house and the grounds. we run the tours. >> raising eyebrows is the president's comments during an interview where he said the u.s. debt, which is inching closer and closer to 17 trillion, is, quote, not an immediate crisis. republican senat
was the key factoring for the cell phone wars last year. >>> mitt romney and paul ryan will be appearing at the conservative political action conference in maryland this afternoon. andrew, i'll send it back over to you. >>> equities continue to march upward as some investors worry if we're headed into a period of irrational exeberance. good morning, alan. >> good morning. how are you, andrew? >> great to see you. the question of the morning, do you want to break out the phrase again? irrational exuberance. >> i don't think it's quite appropriate in this environment. in fact, the basic way of looking at this degree of exuberance is equity premium. a measure of whether the stocks are overvalued or undervalued. and right now, by historical calculation, we are significantly undervalue. the reason why the stock market has not been significantly higher is there are other factors compressing it lower. irration >> is this a fed-fueled rally. >> i think you can fully explain the rally in terms basically of the removal of what is called tail risk. that is what has been sitting out there virtually
to lead this party? >> yeah, paul ryan gave it an interesting appealing thought-provoking speech. and marco rubio gave a very emotional speech. rick santorum gave one of the more barn burning rhetorically -- his speech was as goods on the merits of did it move people. >> and he said basically if we had better candidates we might have won the white house. >> yeah. >> bill: how about band paul. >> rand paul's moment was ta very big moment. he came out with the big binders that were the entire transcript of his 13-hours of filibuster. and there were hundreds of people with these stand with rand signs. he has inherited his dad's organization, fervor basically, and he is expanding it. and he could be the most interesting person on the right, because he has this broadening ability to get into the left with his anti-war libertarianism. >> bill: i love where rand paul says we have to reshape everything to move forward and he gets 25% of the votes and then marco rubio who is saying we don't need any new ideas, and he gets 24% of the vote. so it seems like they are spli
of that spending are in the ryan budget? >> not one thin dime. paul ryan changes medicare into a voucher program, cuts -- slashes medicaid funding, $800,000,000,000 over -- over time. >> that's children. there are cuts in the wic program literally taking food out of the mouths of babies. it's not incredible. not one thin dime out of the tax breaks for the wealthiest americans. and corporations. >> he is not dumb. he has to know that this incredible source of revenue is there. he is the chairman of the budget. he knows these loopholes exist. right? >> they have done polling, it was a republican poll, and found that, saying that we are going to have from revenue and spending cuts. they have learned in their poll that americans want a balanced budget, never mind where that comes from even slashing programs that help on the other hand peopleordinary people. we are going to balance the budget. wait until people feel that. his budget is going absolutely nowhere. their budget opens up the tax loophole, the -- what do you call it? for prescription drugs, for seniors,
>> two minutes till the top of the hour. today is day two of cpac. jeb bush and paul ryan are among today's speakers. >>> the u.s. will deploy additional ground base interceptor this coming with disagreement with north korea. >>> a nevada lawmakers expected to introduce a bill today to make the possession of marijuana legal. nevada is now the sixth state to consider recreational use. >>> two minutes till the top of the hour. time for the good, the bad, and the ugly. first the good. taco bell's dorito tacos are so popular they created additional jobs. >> next the bad: that is the correct spelling, but judges at a california spelling bee said it was wrong. the girl was eliminated but the next day the judges realized their mistake and moved her on in the spelling bee. >> the ugly: a seasoned sky diver spins out of control hitting the ground 30 miles per hour. luckily he does survive. he was attempting a new stunt but the parachute didn't cooperate. he did make it out alive with just a few bumps and bruises. >>> time for your brew on this question of the day responses. earlier we told
for a balanced budget and 4.6 trillion dollar deficit reduction over ten years, that's the paul ryan budget. while democrats opening offer, no balance and about 1.85 trillion in deficit reduction. >> tucker: so, is a compromise possible? if so, how far away are we away from that. >> clayton: let's ask fox news host sunday, chris wallace. >> happy st. patrick's day to you. >> clayton: and to you as well. it seems like there are two dog and pony shows going on. the house budget rolled out and the senate budget being rolled out and we both know they have no prayer of being passed. so will a grand bargain somehow emerge from these two dog and pony shows? >> it depends whether you think the glass is a quarter full or three quarters empty. the republicans the first time-- rather the democrats the first time in four years are even proposing a budget you should see as a good sign. as you pointed out on the graphic on the screen. a difference, the republicans more than twice as big as the democrats and it's all spending cuts and the democrats have, you see 1.85 trillion and half of that, almost a tr
trump, paul ryan. if you need any more evidence of the divide that exists in the republican party consider this, one of the most popular figures in the party, new jersey governor chris christie, a guy who praised president obama's response to hurricane sandy last fall, was not invited. >> all right, peter alexander in washington. peter, thank you very much. >>> to the vatican where pope francis is addressing his cardinals as he settles into his role as leader of the vatican church. natalie is at the vatican, good morning to you. >> good morning to you, savannah. well in style and substance we're seeing a new tone already for the papacy. a message of simplicity, shunning wealth, and a message of humility. in his meeting with the cardinals this morning, pope francis was getting off the throne and just stumbled there, proving he is human, and proving that he is not perfect. in his first mass before them thursday, according to reports, the pope refused to even deliver the homily that was prepared for him and instead chose to preach off the cuff using his own words, and not from the pa
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